All Posts Tagged Tag: ‘ipo’

On Wednesday, September 18, the Dow set an all-time high at closing, as did the S&P. The boom came shortly after the Federal Reserve announced that it would continue its economic stimulus program. However, the investment-high did not last long. The stock saw itself losing all of its gains from Wednesday on Thursday and Friday. Economic pundits believe the dip …

According to figures just released by the Bureau of Labor Statistics, Facebook’s May 2012 IPO made San Mateo county, California the most well-paid area in the country. The average weekly worker wage in San Mateo County, California (home to Facebook’s Menlo Park campus) was $3,240 in Q4 of 2012. That’s over a thousand dollars a month more than the second-place …

Department store Neiman Marcus this week announced that it has filed for an initial public offering. According to a registration with the Securities and Exchange Commission, the offering will be in common stock sold by current shareholders. The number of shares offered, and the price range for the shares, has not yet been released. Financial services company Credit Suisse Securities …

In the two months since its release on Facebook, Candy Crush Saga has quickly become the most-played game on the social network. With tens of millions of users, the game is raking in money through micro-transactions on Facebook and mobile platforms. Now, Midasplayer International Holding, the game’s publisher, is looking to take its success public with an IPO. The Wall …

To say the Facebook IPO was a disaster might be a bit of an understatement. A few days after the social network went public, reports emerged that a technical issue prevented trading and many investors lost money as the stock’s value tanked. Those same investors brought lawsuits against the NASDAQ and the SEC launched an investigation into the IPO. That …

A new lawsuit filed by a Facebook shareholder claims that the company knew about downward trends in revenue tied to increased user defection to mobile from desktop use. Gaye Jones says that such information was shared with key investors. “The defendants were unjustly enriched because they realized enormous profits and financial benefits from the IPO, despite knowing that reduced revenue …

Another analyst has weighed in the expected Twitter IPO, and he thinks that it’s going to come sooner than others have predicted. Sam Hamadeh, CEO of PrivCo, a New York-based private company research firm, says that we can expect Twitter to go public by the end of the year – probably the fourth quarter. He cites a “source high up …

Soon after Facebook filed its documents and made its intentions to go public known, people started speculating about when Twitter would take the plunge with their own offering. In a leaked email, Twitter CEO Dick Costolo said that his company didn’t want to be public until they “have very predictable quarterly earnings growth,” and added that Twitter wasn’t “ready to …

Facebook has just announced their Q2 earnings, their first since the company went public in May. Q2 total revenue was $1.184 billion, up from $895 million in Q2 2011. They also posted a non-GAAP profit of $0.12 a share. The figures were pretty spot-on the Wall Street expectations. “Our goal is to help every person stay connected and every product …

Just days before the big Facebook IPO, the company was hit with a rather embarrassing blow from another well-known American company. General Motors announced that they were yanking all of their paid ads from Facebook, saying that they weren’t sure about their effectiveness and how they fit into future marketing strategies. Read: Facebook ads don’t really work and we’re getting …

In light of the totally botched Facebook IPO, it’s no wonder many tech companies are in no hurry to go public. According to LivingSocial CEO Tim O’Shaugnessy, you can add LivingSocial to that list. Despite recent losses for the company, they are aren’t hurting for the capital an IPO would bring in. LivingSocial was recently able to raise $600 million …

Mark Cuban, who has been a steadfast supporter of Facebook throughout the IPO process, and an investor who purchased 150,000 shares of the company, is coming forward today to say he was wrong about the company. He has decided to sell off his huge collection of Facebook shares and is now saying it just isn’t a good investment. Ouch! That …